Indian MFs register fastest growth globally in last 5 years
However, share of Indian MFs was only one pc of global MF industry
In the last five years, India's mutual funds (MFs) industry has experienced the fastest growth in asset under management (AUM) globally, according to the Factbook 2026 'Resilient run' released by AMFI and Crisil. During this period, India's MF AUM increased by 17 per cent, while the global MFs industry saw growth of 7 per cent. US MFs grew by 9 per cent, Europe by 5 per cent, Asia Pacific by 3 per cent and Africa by 8 per cent.
India's share of global MF AUM rose from 0.64 per cent to 1.01 per cent, underscoring its growing significance in the global asset-management landscape. This progress is attributed to steady inflows, bullish equity markets, rising formalization of household finance, wider SIP-led retail participation, growing awareness, digital access and regulatory credibility, according to the report.
The number of unique mutual fund investors rose from 2.3 crore in March 2021 to 6.1 crore in March 2026, nearly three times the earlier figure. This growth indicates that the industry's expansion is increasingly being driven by wider household participation, rather than solely by market appreciation or higher investments from existing investors.
Despite facing high inflation, rising interest rates and geopolitical tensions, India's domestic capital markets have shown remarkable maturity, absorbing global shocks and maintaining momentum.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
